Is 505 Elmwood Ave rent stabilized?
505 Elmwood Ave is a registered NYC rent-stabilized building in Flatbush (West)-Ditmas Park-Parkville, Brooklyn (11230). It has about 65 apartments, built in 1938.
Also written as 505 Elmwood Avenue — or 505 Elmwood Ave, Brooklyn, NY 11230.
How this building compares
With about 65 apartments it is larger than 80% of the 233 rent-stabilized buildings this site tracks in Flatbush (West)-Ditmas Park-Parkville. Its 1938 construction date sits close to the 1931 median for stabilized buildings tracked in the neighborhood. HPD lists 151 open violations here, about 2.3 per apartment — above the 0.6 per apartment median for tracked buildings in the neighborhood. Of the 390 violations on record at the address, 99 are class C — HPD's immediately hazardous grade. Tenants have filed 504 HPD complaints at the address, 23 of them in the last twelve months.
Building details
| Borough | Brooklyn |
| Neighborhood | Flatbush (West)-Ditmas Park-Parkville |
| ZIP | 11230 |
| Year built | 1938 |
| Apartments | 65 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A |
| BBL | 3065030051 |
Owner & management
| Owner | 505 AVENUE REALTY LLC 2329 NOSTRAND AVE #500 · BROOKLYN, NY 11210 |
| Managing agent | 505 AVENUE REALTY LLC |
Building conditions
| HPD violations | 151 open / 390 total · 51 in last 12 mo |
| HPD complaints | 4 open / 504 total |
| HPD registration last filed | August 20, 2025 |
Full building report — $9
Other rent-stabilized buildings in Flatbush (West)-Ditmas Park-Parkville
See all in Flatbush (West)-Ditmas Park-Parkville →